We all want healthy and productive retirements. Unfortunately, illness and disability can disrupt those plans and wreck havoc on many others. Financing medical treatment and nursing care without destroying assets can be a challenging proposition.
Retaining guidance for elderly care planning can minimize the impacts that arise from aging and illness. At Andrew Hoffman Law, we help you make a plan in the event of these contingencies or create long-term solutions if you face them now.
Managing Future Health Concerns
Performing elderly care planning includes many elements for your health care. You may wish to designate individuals to provide care to you whether they are family members, a home care agency, hospice, or a particular nursing home. This is especially important if you are facing a memory condition like dementia or Alzheimer’s and want to make your plan known while you remain mentally competent.
Decision-making documents regarding your health may include:
- Health Care Power of Attorney
- Living Will
- Medical Release for Family Members
We can discuss other options with you as well—including healthcare financing structures like long term care insurance, or other possible options. Our plans are customized to your individual circumstances and wishes.
Managing Financial Concerns
Along with your health treatment, your business, investments, real estate, and other assets will also require management. There are options for these issues as well, including:
- Durable Power of Attorney
- Guardianship or Conservatorship
- Trust Vehicles
We consider your financial situation in the context of your health condition to help you make the best choice possible in your elderly care planning. Each plan is customized to the client; we never take a one-size-fits-all when it comes to the important issue of advance planning in later life.
If you need more information or would like to set up a consultation at our Atkinson office, call us at (402) 925-2268 and let Andrew Hoffman Law create the plan that will suit your needs.